Airbnb looks to keep employees happy by allowing them to sell stock to investors

Hoping to delay an IPO and free up cash flow as it expands, home-rental startup Airbnb is reportedly looking to raise upwards of $1 billion in its current funding round from a handful of strategic investors.

That funding raise would value the company at approximately $30 billion, according to an earlier report in The New York Times.

The move would help retain and keep long-term employees happy while the company focuses on global expansion. With fresh cash flow, an Airbnb IPO is unlikely in either 2016 or 2017, according to the Journal.